7 things about fraud you should know ahead of Small Business Week


Small businesses are increasingly targeted by fraudsters despite owners believing they're "too small to have anything worth stealing." According to experts, 75% of small business fraud exploits people rather than technology. Professor Justin Cappos recommends offloading security risk to managed service providers and keeping software updated as a "non-negotiable no-brainer." Protection strategies include employee education, utilizing security providers, regular software updates, and implementing multifactor authentication to make unauthorized access more difficult for criminals.